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What if the rate increases to 8% forever? What is the price Timco paid a 2 dividend last year. This is expected to continue forever.

What if the rate increases to 8% forever? What is the price

Timco paid a 2 dividend last year. This is expected to continue forever. Timco has a beta of 3, the market is expected to earn 14% and the risk free rate is 3%. Find the price. Timco paid a 2 dividend last year. This is expected to continue forever. Timco has a beta of 3, the market is expected to earn 14% and the risk free rate is 3%. Find the price

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